Dec 7, 2012 4:00pm PST
has warned u.s. lawmakers, they have a duty to solve. we sat down with her here in washington. >> christine lagarde, the fiscal cliff, how concerned are they about the ramifications? >> people around the world are concerned about it. it appears to be the case there was more concerned about the eurozone than the fiscal cliff. now things have changed and there is more concerned about the fiscal cliff. they asked about a resolution. >> what could the impact speed? we are looking at a time when the global recovery is fragile at best. >> of u.s. is 20% of the global economy. if the u.s. suffers as a result of a fiscal cliff, a complete wiping out of its growth is going to have repercussions around the world. probably half of that. if the u.s. economy has less growth, it will probably be 1% less in mexico, canada, probably less so in europe and japan. but there will be a ripple effects. >> are you worried about it? >> yes. of course i worry about it. the u.s. is a big chunk of the global economy. it has often been a driver of growth. and to have that player virtually flat, if not in
Dec 21, 2012 4:00pm PST
u.s. school would help prevent similar tragedies in the future. the bbc's north america editor reports. >> the church bells tolled out the exact time when a week ago a young man with an assault rifle began his massacre of children. they stood in prayer and in silence in the rain. in a town still numb, the bells tolled 26 times, one for each of the victims of the school. inside the white house, president obama and his staff since silent for a minute. beyond the grave, resolution. in a new video, he has promised he will push for a ban on assault rifles. >> i will do everything in my power as president to advance these efforts. if there's even one thing we can do as a country to protect our children, we have a responsibility to try. >> shame on the nra. >> there are those who blame the national rifle association for consistently, powerful lobbying against gun control. they have been consistently silent until now, and some expected they would seek compromise. none of it. instead, raw fury, blaming video games, the culture. >> we have blood-of films out there like "american psycho,"